5787-5793 54TH AVENUE N., Saint Petersburg, FL 33709 | MLS U8068027 | Listing Information | Gerry Lynn Kierstead | BHHS Florida Realty
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Gerry Lynn Kierstead

Sales Professional
Cell: (954) 800-8180
Office: (954) 800-8180
gerrykierstead@bhhsfloridarealty.net
NAR Designations: MRP
 
FOR SALE
$719,900

5787-5793 54TH AVENUE N.
Saint Petersburg, FL 33709

Single Family, Retail
Residence
3,612
Sq. Ft.
0.425964
Acre Lot
1of
Photos
Map
Courtesy: APEX BROKERAGE INC
BHHS Florida Realty> Florida> Saint Petersburg> 33709
Reduced nearly $50K! This property is an investor’s dream! This is a great opportunity to own a strip mall in St. Pete! Specifically includes 5787, 5789, 5791, 5793 54th Ave N and the neighboring lot, 5765 54th Ave N. The owner is turning 80 and looking to retire! His retirement is your gain as this strip mall is netting over 50k per year! Cap rate is about 7.5%. (See rent roll attached!) There are currently 3 tenants occupying 5 spaces, one of which is an empty lot. All of it is being sold together (2 parcels included in sale). All tenants have been there long-term and are on multi-year leases. Don’t miss out on this great opportunity!
U8068027
Single Family, Retail, Other
Pinellas
1952
0.425964 Acres
Block
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: APEX BROKERAGE INC


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